Money & Economics

Dont get me wrong, I understand all of the downsides to buying pet rocks. But it does seem to be a good store of value in turbulent times. And if it were to spike to say $3500+ I'd be a seller of 1/2 my holdings.

I'm good with 5% maybe a little more of the total pile btw. Gotta leave room for ammo, bourbon and cat food!
 
I'm guessing everyone saw this?


Buffett Calls The Top: Berkshire Quietly Dumps Half Its Apple Shares Amid Unprecedented Selling Spree
Wonder if this is because of Nvidia...

We have a family member that works for HP who is part of a project with Nvidia that includes a 100 million dollar GPU setup, yes 100 million. It is for some AI Project/Sell some company bought from HP. GPUs have a better design structure for AI, Mining, so this is why Nvidia surpassed Apple, Microsoft, Intel, etc.
 
Sounds like a bad day is expected in the markets today.
 
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Reactions: David L
Dow futures down 1000 now and there doesnt seem to be a bottom. Another day of this and those in the market will find they are break even from Jan 1

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Oh hell, cant even keep up with it now. Dow futures down 1225 and NASDAQ down over 6%
 
Oh hell, cant even keep up with it now. Dow futures down 1225 and NASDAQ down over 6%
I feel for the young investors to watch their Nest Egg's drop...
 
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Reactions: gwminor48
Oh hell, cant even keep up with it now. Dow futures down 1225 and NASDAQ down over 6%
Now we know why Warren grabbed his cash from Apple...
 
Fascinating to watch as at exactly 9:15 the computer trading algos kicked in and are buying it back up, or trying to.

What a rigged game
 
Fascinating to watch as at exactly 9:15 the computer trading algos kicked in and are buying it back up, or trying to.

What a rigged game
The whole Market is driven by Fear...oh and Greed ;)